GO
Loading...

Enter multiple symbols separated by commas

Metals and Mining

More

  • A slight recovery in sight for commodities?   Sunday, 3 May 2015 | 10:45 PM ET
    A slight recovery in sight for commodities?

    After overshooting on the downside, commodity prices will likely consolidate and rise slightly this quarter, with copper being the first to recover, says Andrew Su, CEO of Compass Global Markets.

  • MELBOURNE, May 4- Shanghai copper rallied three percent on Monday as markets reopened after a long weekend, with traders banking on further supportive steps from China to shore up consumer demand. *The most-traded July copper contract on the Shanghai Futures Exchange climbed by 2.8 percent to 45,320 yuan a tonne by 0121 GMT. LME copper chalked up more than 6...

  • Commodities are entering a 'sweet spot': ANZ   Sunday, 3 May 2015 | 7:44 PM ET
    Commodities are entering a 'sweet spot': ANZ

    Daniel Hynes, commodity strategist at ANZ Research, attributes a rise in investor appetite for commodities to factors like a weaker U.S. dollar and easing moves from China.

  • The current coal contract for the San Juan Generating Station expires in 2017. That, along with uncertainty about the plant's ownership, have been sticking points as New Mexico regulators consider plans for closing part of San Juan and shifting to other sources of electricity. "Securing these two agreements provides clear evidence of our ability to execute...

  • LONDON, May 1- Copper rose on Friday to its highest since December due to seasonally strong demand and expectations of further economic stimulus measures from top consumer China. Three-month lead on the London Metal Exchange was at $2,120 at 1426 GMT from $2,110 at Thursday's close. Copper hit $6,392, its highest since last December.

  • Olympic Steel tops 1Q revenue forecasts Friday, 1 May 2015 | 6:39 AM ET

    HIGHLAND HILLS, Ohio _ Olympic Steel Inc. on Friday reported first-quarter earnings of $1.1 million. Three analysts surveyed by Zacks expected $342.6 million. Olympic Steel shares have declined 38 percent since the beginning of the year.

  • --Clyde Russell is a Reuters columnist. The Toronto Stock Exchange- based index groups together the world's top gold producers, including No.1 Barrick Gold Corp, which is up 20.5 percent this year in U.S. dollar terms, and No.2 Newmont Mining Corp, which has gained 40 percent. The No.3 producer, Johannesburg- listed AngloGold Ashanti, is up 32 percent since the start of...

  • Eldorado Gold reports 1Q loss Thursday, 30 Apr 2015 | 8:01 PM ET

    Vancouver, British Columbia _ Eldorado Gold Corp. on Thursday reported a loss of $7.8 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. Eldorado Gold shares have dropped 15 percent since the beginning of the year.

  • Canadian Oil Sands posts loss, says cost cut paying off Thursday, 30 Apr 2015 | 4:50 PM ET

    CALGARY, Alberta, April 30- Canadian Oil Sands Ltd, the largest shareholder in the Syncrude Canada Ltd joint venture, said on Thursday it swung to a loss in the first quarter as oil prices dropped by more than half. The other Syncrude partners are Imperial Oil Ltd; Mocal Energy; Murphy Oil Corp; Nexen, a wholly owned subsidiary of China's CNOOC Ltd; Sinopec and Suncor...

  • RIO DE JANEIRO, April 30- Brazil's Vale SA said on Thursday it could reduce forecasted iron ore production by up to 30 million tonnes over the next two years, as the miner tries to resuscitate margins in the midst of a severe price slump. In a major strategy shift following Vale's third quarterly loss in a row, executives said they would focus on improving margins...

  • RIO DE JANEIRO, April 30- Brazil's Vale SA said on Thursday it expects to replace some old higher-cost iron ore production as new capacity comes on stream, the clearest sign yet the miner could cut future output forecasts due to weak prices. Any move to curb output growth by the world's largest producer of iron ore will be closely watched by a market currently in...

  • LONDON, April 30- Nickel hit a one-month high on Thursday after BHP Billiton declared force majeure at a plant, adding to supply concerns, though gains were capped by record London Metal Exchange inventories. Copper also touched a one-month high, leading other metals up, as the dollar fell following weak U.S. growth data and cautious comments from the Federal...

  • LONDON, April 30- Gold steadied on Thursday, as the dollar dropped after the Federal Reserve confirmed a recent slowdown in the U.S. economy could hold off any interest rate hike for the time being. Gold, however, failed to entirely capitalise on the weaker dollar, which fell 0.4 percent versus a basket of leading currencies, on prospects the U.S. economy will...

  • MELBOURNE, April 30- London nickel rallied 3 percent on Thursday, echoing gains in Shanghai, as buyers rushed into the contract on pent up supply worries, forcing a flurry of short-covering ahead of a long weekend. London nickel has defied long held expectations of a deficit, slumping to six-year lows mid-month, as China's vast stainless steel industry has bought...

  • Final Glance: Gold companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    Barrick Gold Corp. rose$. 21 or 1.6 percent, to $13.51. Gold Fields Ltd ADS rose$. 13 or 2.9 percent, to $4.62. Newmont Mining Corp. rose$. 13 or. 5 percent, to $26.48.

  • Final Glance: Coal companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    Arch Coal rose$. 02 or 2.3 percent, to $1.01. Consol Energy Inc. rose $1.96 or 6.8 percent, to $30.87. Peabody Energy rose$. 14 or 3.1 percent, to $4.63.

  • Final Glance: Silver companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    Hecla Mining Co. fell$. 07 or 2.2 percent, to $3.12. Pan American Silver Corp. rose$. 02 or. 2 percent, to $9.72. Silver Standard Resources Inc. rose$. 03 or. 5 percent, to $5.77.

  • April 29- Cliffs Natural Resources Inc, which is struggling to cope with oversupply in the iron ore market, blamed industry leaders BHP Billiton Ltd, Rio Tinto Plc and Vale SA for weak prices of the commodity. But Wolfe Research analyst Gordon Johnson said "the idea that someone is going to buy coal assets from Cliffs is highly unlikely," noting that the company has...

  • Midday Glance: Gold companies Wednesday, 29 Apr 2015 | 2:53 PM ET

    NEW YORK— Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 33 or 2.4 percent, to $13.63. Newmont Mining Corp. rose$. 06 or. 2 percent, to $26.41.

  • Midday Glance: Silver companies Wednesday, 29 Apr 2015 | 2:53 PM ET

    Pan American Silver Corp. rose$. 13 or 1.3 percent, to $9.83. Silver Standard Resources Inc. rose$. 10 or 1.7 percent, to $5.84. Silver Wheaton rose$. 33 or 1.6 percent, to $20.81.